NEW DELHI: The global electric vehicle (EV) market is set to grow significantly in coming years, with projections indicating it could reach $ 2,108 billion by 2033, according to a Axis Securities report.The market currently valued at $255 billion grew at a compound annual growth rate (CAGR) of 23 per cent from 2024 to 2033.The report further suggests that India’s EV market could achieve annual volumes of 10 million units by 2033, up by 1.7 million units in FY24, primarily due to a…
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Global EV market to rise to $2,108 billion by 2033: Report
